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starting early and spreading quickly can the debt ceiling be resolved with a simple point? and jim ramsey says we could see a few snowflakes this weekend. to chicago police officers charged into a burning apartment building and helped save several residents. they were on patrol in the west would run neighborhood when i noticed flames inside the building they raced into it kicked the door is bent on windows they also help the elderly woman who had trouble walking firefighters rushed to the scene and they were able to put out the fire. >> i was so surprised. >> the flames were contained into a single unit the people who live there were not home at the time and no one was seriously hurt. i thought someone died or there was a fire. it was really scary. residents wicking up to ambulances and fire trucks. the carbon monoxide levels reached a dangerous proportions at the old orchard residences on the 10,000 block of old orchard court a malfunctioning furnace systems for the apartment complex created all the trouble. the hot water system was literally able to permeate 38 units. car
starting early and spreading quickly can the debt ceiling be resolved with a simple point? and jim ramsey says we could see a few snowflakes this weekend. to chicago police officers charged into a burning apartment building and helped save several residents. they were on patrol in the west would run neighborhood when i noticed flames inside the building they raced into it kicked the door is bent on windows they also help the elderly woman who had trouble walking firefighters rushed to the scene...
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Jan 2, 2013
01/13
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FOXNEWSW
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over the debt ceiling. >>> it is time for your top 5@5:00. the fiscal cliff vote wasn't the only drama in the house late last night. anger erupted on the house floor after alaw americas learned thee would be a no vote for super sandy victims. they were expect ago vote on the measure before the term ends tomorrow. but republican leaders suddenly ended the session last night prompting outrage from both sides. >>> everybody played by the rules until the rug was pulled out from under us. we have a moral obligation to hold this vote. >> mr. speaker, we cannot turn our backs on our citizens who need us. >> i have to go home and tell them their new year's gift they are going to wait even longer, even longer for something they should have had over a month ago. >> this is an absolute disgrace. the speaker should hang his head in shame for allowing this to come up. >> he helped parts of new york and new jersey rebuild from that storm delaying the house vote until the new congress is sworn in. we will start the entire process over again. >> bipartisan o
over the debt ceiling. >>> it is time for your top 5@5:00. the fiscal cliff vote wasn't the only drama in the house late last night. anger erupted on the house floor after alaw americas learned thee would be a no vote for super sandy victims. they were expect ago vote on the measure before the term ends tomorrow. but republican leaders suddenly ended the session last night prompting outrage from both sides. >>> everybody played by the rules until the rug was pulled out from...
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Oct 7, 2013
10/13
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CSPAN2
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the debt ceiling. now, i know there are some in this body that would love to put issues on the debt ceiling, and they're playing with fire. we saw what happened in 2011 when our credit rating was downgraded because we were just talking -- some were just talking about not increasing the debt ceiling. the truth is is that i'll be the first to work with anybody in this body to try to reduce the debt and the deficit by reducing spending, by removing tax loopholes in the code. we need to do that at the front end, not the back end. the debt limit is dealing with the issue at the back end, and if we don't do it, if we don't increase that debt ceiling, we will see the economy spiral down out of control, potentially even putting us into a depression. and i don't say that to scare people. i say that to make the point that we shouldn't be fooling around with this issue. we're grown adults here. we need to get together and realize that the debt ceiling is too important to play politics with. and i know that since
the debt ceiling. now, i know there are some in this body that would love to put issues on the debt ceiling, and they're playing with fire. we saw what happened in 2011 when our credit rating was downgraded because we were just talking -- some were just talking about not increasing the debt ceiling. the truth is is that i'll be the first to work with anybody in this body to try to reduce the debt and the deficit by reducing spending, by removing tax loopholes in the code. we need to do that at...
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Oct 4, 2013
10/13
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ALJAZAM
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but the debt ceiling is really going to come into play here. because house speaker boehner said i date of birth want to breach this debt limit. that doesn't necessarily mean that he has folded; that he has caved. he might go for raising the debt ceiling for a couple of days or weeks. >> it seems so intrackable right now. libby casey reporting from the hill. thank, libby. and we'll go live now to randall pinkston. randall so the president decided to cancel the rest of his asia trip. does that mean he is working to end the shutdown? >> the president says he is going to be available to take whatever steps are necessary as he calls on the republicans to vote a clean bill to reopen the government and then raise the debt ceiling. but speaker boehner is also sticking to his guns. a statement released says that if the legislation that the house has approved, the piecemeal legislation to keep open veteran's affairs and others, if those pieces of legislation do end up at the white house, the president will veto them. secretary of state kerry is standing
but the debt ceiling is really going to come into play here. because house speaker boehner said i date of birth want to breach this debt limit. that doesn't necessarily mean that he has folded; that he has caved. he might go for raising the debt ceiling for a couple of days or weeks. >> it seems so intrackable right now. libby casey reporting from the hill. thank, libby. and we'll go live now to randall pinkston. randall so the president decided to cancel the rest of his asia trip. does...
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Jan 18, 2013
01/13
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CURRENT
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ceiling. >> we've always raised the debt ceiling. we should pay our bills as the president said, we're not a dead-bet country. i'm glad they finally saw the light. we need to pay our bills and move forward. there is a stronghold of 75 republican tea party members who quite frankly do listen to the tea party in many ways, and hopefully this is a signal that they too need to understand that this should not be an issue. it should not be held honestly. hostage. we should raise the debt ceiling. that's an automatic. we should move forward and talk about how we create jobs. by creating jobs we reduce the deficit. >> jennifer: i'm take taking it as an encouraging sign that the tea party can be moved by public voices. if they can be moved on the debt ceiling of all things, maybe they could be moved on guns. you wrote in the "huffington post," advocating reducing defense spending so you can spend more money and invest in the united states. the question is in the negotiations in congress over the spending do you see that happening? >> we've go
ceiling. >> we've always raised the debt ceiling. we should pay our bills as the president said, we're not a dead-bet country. i'm glad they finally saw the light. we need to pay our bills and move forward. there is a stronghold of 75 republican tea party members who quite frankly do listen to the tea party in many ways, and hopefully this is a signal that they too need to understand that this should not be an issue. it should not be held honestly. hostage. we should raise the debt...
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Jan 23, 2013
01/13
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KNTV
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today's vote would raise the debt ceiling allowing more borrowing through spring to pay america's bills and it cuts pay for lawmakers if they can't pass a budget by tax time april 15th. >> most americans believe you don't do your job you shouldn't get paid. >> i'm tired of government governing by gimmicks. >> reporter: the senate hasn't pass ad budget in almost four years. >> the last time they pass ad budget the ipad hadn't been introduced. >> reporter: paul ryan will draft the budget with deeper cuts. that's a carrot to get conservatives to go along but some still want to see cuts first. >> will not vote to raise the debt ceiling unless significant efforts are made to fix the under lying problems. >> reporter: senate democrats hint theology pass a budget but not soon. >> approach that when we need to. >> reporter: the white house says even in short term the president will sign pinpoint >> the debt ceiling ought not to be a political football. >> reporter: this republican retreat with one last tanned if they can't compromise lawmakers' paychecks could take a hit. what's still not known
today's vote would raise the debt ceiling allowing more borrowing through spring to pay america's bills and it cuts pay for lawmakers if they can't pass a budget by tax time april 15th. >> most americans believe you don't do your job you shouldn't get paid. >> i'm tired of government governing by gimmicks. >> reporter: the senate hasn't pass ad budget in almost four years. >> the last time they pass ad budget the ipad hadn't been introduced. >> reporter: paul ryan...
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Oct 13, 2013
10/13
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CSPAN
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republicans blocking the effort to move the debt ceiling bill that would've extended the debt ceiling into 2014. a washington post sunday opinion piece about the effects of the shutdown of one particular worker. shutdown -- what happens when public servants cannot serve. the writer is the director of house -- housing and urban development special needs. that thee writes shutdown is a further affront to public servants who take their jobs and missions seriously as well as those americans who rely on us and our government. progress on our mission -- which is to end homelessness -- is already, undeniably, been compromised. so has the work of the public servants to protect the foodonment, monitor public safety, run our national parks, buyers,loans for home and so much more. that is an opinion piece from this morning. that's go to florida now. ann -- caller: that's right. mortgages are affected and everything. they should never have those parties dancing in the aisles and all of that when this money is so important and the economy is so bad. never. huntington, west virginia, john on the in
republicans blocking the effort to move the debt ceiling bill that would've extended the debt ceiling into 2014. a washington post sunday opinion piece about the effects of the shutdown of one particular worker. shutdown -- what happens when public servants cannot serve. the writer is the director of house -- housing and urban development special needs. that thee writes shutdown is a further affront to public servants who take their jobs and missions seriously as well as those americans who...
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Oct 10, 2013
10/13
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CSPAN
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so let's raise the debt ceiling. number three, let's come together as democrats and republicans, and let's negotiate . let's actually put a real budget together. a budget that starts to address our debt and the deficit. a budget that starts to make sure what we hand off to our children and grandchildren is the same as the country we inherited from our parents and grandparents. a country that thrives. a country that leads the world. we have to get serious about the challenges that we face and we have to stop these manufactured crises. we have to stop the bickering. this is divided government. it means democrats and republicans coming together. mr. speaker, i urge you to join with the no labels problem solvers and do what our motto is, let's fix problems, not fight. we are ready to go and get america back to work. with that i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. pursuant to clause 12-a of rule , the chair declares the house remove the threat of a default while giving w
so let's raise the debt ceiling. number three, let's come together as democrats and republicans, and let's negotiate . let's actually put a real budget together. a budget that starts to address our debt and the deficit. a budget that starts to make sure what we hand off to our children and grandchildren is the same as the country we inherited from our parents and grandparents. a country that thrives. a country that leads the world. we have to get serious about the challenges that we face and we...
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Oct 11, 2013
10/13
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CSPAN
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this -- do not raise the debt ceiling. washington is confiscating .lmost 40% of the gdp now another tweet from sasha. gop cowards will not bring their own appropriation bill to the floor. no compromise, no conference since march. if you want to join in, please send in your tweets. jean, democratic caller. caller: first of all, i want to -- throwsh these guys politics out the window and get the business of the country done and open up. i am a disabled vet, 100% ,ervice connected from vietnam and i think it is just appalling, number one, the way they have been treating the veterans, putting them at risk and the families that rely on compensation from the v.a. the health care law. they are making a big deal of that, just like a rush to get your hamburger or something. let it go. let them work the kinks out, like with happened with medicare. they had to work out the kinks. affordable health care is for all americans, not just, you know -- people are suffering, and it is appalling the way congress is treating the people of this
this -- do not raise the debt ceiling. washington is confiscating .lmost 40% of the gdp now another tweet from sasha. gop cowards will not bring their own appropriation bill to the floor. no compromise, no conference since march. if you want to join in, please send in your tweets. jean, democratic caller. caller: first of all, i want to -- throwsh these guys politics out the window and get the business of the country done and open up. i am a disabled vet, 100% ,ervice connected from vietnam and...
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Oct 8, 2013
10/13
by
CNBC
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>> let's talk about the debt ceiling. you look at where interest rates are today and rick santelli knows them better than anybody, but we're at historical lows. just the pure rhetoric of this could have interest rates on the rise and then i think this is where i will agree with the president. they won't go back down because people are going to eventually get tired of listening to these arguments about the u.s. every two years on the debt ceiling and they're eventually going to charge more for us to borrow money. that's a big, big problem. >> trust me, we're all sick about hearing it. >> thank you so much. we've got to 15 minutes before the "closing bell" sounds for the day. >> still definitely affecting the markets in a bad way and it could only get worse if the tone doesn't change. up next two market watchers tell us how they're playing the market right after this. ♪ ♪ [ male announcer ] eeny, meeny, miny, go. ♪ ♪ more adventures await in the new seven-passenger lexus gx. lease the 2014 gx 460 for $499 a month fo
>> let's talk about the debt ceiling. you look at where interest rates are today and rick santelli knows them better than anybody, but we're at historical lows. just the pure rhetoric of this could have interest rates on the rise and then i think this is where i will agree with the president. they won't go back down because people are going to eventually get tired of listening to these arguments about the u.s. every two years on the debt ceiling and they're eventually going to charge more...
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Oct 7, 2013
10/13
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MSNBCW
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view, the debt ceiling, we should look for three things. number one, we should look for some significant structural plan to reduce government spending. number two, we should avoid new taxes. and number three, we should look for ways to mitigate the harms from obama care. since 1978, the debt ceiling has been raised 55 times. >> just so i -- so you think that some facet of the president's health care plan should be attached to an increase in the debt ceiling. >> the debt ceiling historically has been among the best leverage that congress has to reign in the executives. >> so yes? >> yes,yes. >> yes, yes, yes. notice how the list is growing? you can always trust republicans. nothing has been more crystal clear than right now in our history. they don't care about the success this country has made, and they just care about political power. they want that grab. "usa today" reports, interestingly enough, the demand overwhelmed healthcare.gov. the government expected the site to draw 60,000 simultaneous users. instead it was drawing $250,000 users
view, the debt ceiling, we should look for three things. number one, we should look for some significant structural plan to reduce government spending. number two, we should avoid new taxes. and number three, we should look for ways to mitigate the harms from obama care. since 1978, the debt ceiling has been raised 55 times. >> just so i -- so you think that some facet of the president's health care plan should be attached to an increase in the debt ceiling. >> the debt ceiling...
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Jul 24, 2013
07/13
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MSNBCW
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yeah, they're talking about the debt ceiling again. there are two major stipulations that are floating around. a plan must have deep spending cuts and not include a penny for obamacare. now, there are just 24 legislative days left on the calendar between now and when the fiscal year ends september 30th. we would hit the debt ceiling soon after that in october or early november. it's just one of the many reasons why our new nbc wall street journal poll shows dissatisfaction with washington is at an all-time high. 57% of americans would remove every member of congress. wow. the other 43% are apparently a little more nuanced in their distaste. as for the president, his approval is also down, now just at 45%. if you're keeping track, that is actually the same level george w. bush had at this point in his second term. as for the economy, less than a third of those polled think the nation is on the right track. that's a shift. that's a 19-month low. it's one reason, of course, the president is back on jobs and the economy today. can he do an
yeah, they're talking about the debt ceiling again. there are two major stipulations that are floating around. a plan must have deep spending cuts and not include a penny for obamacare. now, there are just 24 legislative days left on the calendar between now and when the fiscal year ends september 30th. we would hit the debt ceiling soon after that in october or early november. it's just one of the many reasons why our new nbc wall street journal poll shows dissatisfaction with washington is at...
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Oct 2, 2013
10/13
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CNNW
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>> first place, i hope we solve this before we get to the deadline of the debt ceiling. could there be a deal on everything? absolutely. but what is lacking right now is communications. the house, again, i'm not going to get into blaming. i think we're way beyond that. the house has established a process. we have a conference committee ready to meet. it requires the president, by the way, has been clear he will not negotiate with the house, which i think is, you know, is frankly not productive. the president of the united states must lead and he must negotiate. the house needs to lower the rhetoric. the senate needs to lower the rhetoric. if we do that and focus on the real issues, not on the peripheral issues that are good sound bites on the real issues, how do we move forward, we can get there. i hope we do it before the debt ceiling. could it be part of an overall deal? absolutely it could. but i just hope we do this the sooner the better for the sake of the country. also, by the way, just the visual of the world seeing ta we're closed down is not something that i thi
>> first place, i hope we solve this before we get to the deadline of the debt ceiling. could there be a deal on everything? absolutely. but what is lacking right now is communications. the house, again, i'm not going to get into blaming. i think we're way beyond that. the house has established a process. we have a conference committee ready to meet. it requires the president, by the way, has been clear he will not negotiate with the house, which i think is, you know, is frankly not...
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Oct 9, 2013
10/13
by
KICU
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washington outweighs earnings with the debt ceiling drama. yesterday-- the vix options set a one day volume record at cboe. while the dow dropped 159 points, nasdaq was off by 75 and the s&p by 21. the commodities were much more tame...gold moved down $6, oil inched up 52 there is a serious salmonella outbreak. 278 people in 18 states have become sick since july. the outbreak is linked to foster farms chicken. the numbers to watch for are on your screen. no one has died. and the neiman marcus christmas book is out. among the extravagant gifts - a $1.9 million dollar demand ring that includes a trip to africa where it was mined. larry shover of sfg alternatives joins us now for some trader talk. larry, is there a political drag on this market? > >there definitely is a huge washington discount. half the traders are scared because they don't want to miss out on some type of resolution rally. the other half are worried that they're gonna be in the middle of a crisis selloff. so traders seem to be at a standstill right now, not knowing exactly wha
washington outweighs earnings with the debt ceiling drama. yesterday-- the vix options set a one day volume record at cboe. while the dow dropped 159 points, nasdaq was off by 75 and the s&p by 21. the commodities were much more tame...gold moved down $6, oil inched up 52 there is a serious salmonella outbreak. 278 people in 18 states have become sick since july. the outbreak is linked to foster farms chicken. the numbers to watch for are on your screen. no one has died. and the neiman...
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Oct 10, 2013
10/13
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FBC
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house republican leaders offered a temporary incrrase in the debt ceiling. in exchange for negotiations on what they are calling the longer term debt drivers. offering to build -- bring a bill to the floor that would raise the debt ceiling for approximately six weeks that would not end the shutdown. white house spokesman signaled earlier in the day that the president would accept this offer. but after meeting with the president himself, senate majority leader harry reid said no negotiations on the budget would take place before the house passed a clean government funding bill. wall street ignoring their rhetoric on the way to the biggest one day point gain. they presented the debt ceiling deal to the president just moments ago wrapping up their meeting. correspondent ed henry on the scene with the report. >> reporter: for the first time in this standoff, finally some glimmers of progress. senate democrats met for an hour-and-a-half the president obama and the marist to suggest they are inching closer to a deal with house republicans. >> we will again is clea
house republican leaders offered a temporary incrrase in the debt ceiling. in exchange for negotiations on what they are calling the longer term debt drivers. offering to build -- bring a bill to the floor that would raise the debt ceiling for approximately six weeks that would not end the shutdown. white house spokesman signaled earlier in the day that the president would accept this offer. but after meeting with the president himself, senate majority leader harry reid said no negotiations on...
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Oct 15, 2013
10/13
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KICU
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as the october 17 deadline looms for the debt ceiling limit and the government shutdown enters its 15th day.. top leaders from both side are signaling a deal could be reached to avert a default and end the partial government closure. "we've made tremendous progress. we are not there yet but tremendous progress. and everyone just needs to be patient." "i think it's safe to say we've made substantial progress and we look forward to making more progress in the near future." reuters reports-- today's discussion including potentially raising the $16.7 trillion debt limit enough to last through mid- february of 2014. and the government would be funded through the middle of january. sequester spending cuts would continue. the senate deal would still require approval from house... which has president obama keeping the heat turned on high. "we've already had a damaging effect on our economy because of the shutdown, that damage would be greatly magnified if we don't make sure that the government's paying its bills and that has to be decided this week. " the government shutdown and debt ceiling un
as the october 17 deadline looms for the debt ceiling limit and the government shutdown enters its 15th day.. top leaders from both side are signaling a deal could be reached to avert a default and end the partial government closure. "we've made tremendous progress. we are not there yet but tremendous progress. and everyone just needs to be patient." "i think it's safe to say we've made substantial progress and we look forward to making more progress in the near future."...
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Oct 5, 2013
10/13
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ALJAZAM
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looking ahead to the 17 october deadline to raise the debt ceiling, what is the take. what is the sense on the hill? are we headed for a default? >> yesterday i watched some of the financial shows, and all of the smart money seems to believe that there's no way anyone is going to allow the united states government to not pay its bills, to go into default. not only would that cause a catastrophe at home, it could wreck markets around the world. so the thinking is at least, you know, smarter minds than mine don't believe there'll be a default. the path to getting to - to avoiding a default at this point is not clear. >> there's a lot at stake. randall pinkston on capitol hill. >> supporters for a comprehensive immigration reform are holding rallies in 150 cities across the u.s., wanting congress to pass the immigration bill introduced by democrats this week. the ralies are directed at house republicans who refused to put the bill on the calendar for a vote. and to get president obama to stop deportations. we go to andy who is at a rally. >> this is a national effort for
looking ahead to the 17 october deadline to raise the debt ceiling, what is the take. what is the sense on the hill? are we headed for a default? >> yesterday i watched some of the financial shows, and all of the smart money seems to believe that there's no way anyone is going to allow the united states government to not pay its bills, to go into default. not only would that cause a catastrophe at home, it could wreck markets around the world. so the thinking is at least, you know,...
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Oct 11, 2013
10/13
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KICU
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eye 136
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do you think that we will see the debt ceiling raised? > >absolutely. i think they won't be monkeying around with that. ultimately remember even when that will probably come to pass. stocks are not an expensive here. they are trading about 16 times next year's earnings. and those earnings estimates are getting trimmed in so i just look for a lot of trouble going forward and janet yellen will provide a little more of that bernanke put. but valuation is getting shred so---the yin and yang battleground here for probably the next six months or so. > >have a good weekend tim. > >thank you angie. coming up on monday--- an emerging market attempting to win over american investors. find out if ecuador is a place where you would want to park money. that's it for this week. from all of us at first business, enjoy your weekend! >> announcer: the following is a paid presentation for the nutribullet, brought to you by nutribullet, llc. [♪.. >> ...my muscle aches, my backaches really started to decrease significantly in one week. >> the first night that i actually
do you think that we will see the debt ceiling raised? > >absolutely. i think they won't be monkeying around with that. ultimately remember even when that will probably come to pass. stocks are not an expensive here. they are trading about 16 times next year's earnings. and those earnings estimates are getting trimmed in so i just look for a lot of trouble going forward and janet yellen will provide a little more of that bernanke put. but valuation is getting shred so---the yin and yang...
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Oct 14, 2013
10/13
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CSPAN
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eye 60
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if the debt ceiling is not raised. there are others like laurence tribe who say you cannot do that because that would lead to lawlessness. i wonder what he thinks the present situation is going to lead to. if the president of the united states said tomorrow morning we're going to default on some of our debt, we are not going to pay these, what do you think i should do? you cannot go down in history as the first president who defaulted on american sovereign debt. we do not know what the supreme court might rule. order me asation is treasury secretary to pay the bills as they come in on time and in full, and those people who feel they have been aggrieved can take this to the supreme court. host: what has the white house said about the option? guest: that line of reasoning has been rejected. i think i know why. they do not want that situation to recur. they are not want the president -- host: sounds like you think the option might be on the table. guest: i do not know what secretary lew will recommend. for me it is a bina
if the debt ceiling is not raised. there are others like laurence tribe who say you cannot do that because that would lead to lawlessness. i wonder what he thinks the present situation is going to lead to. if the president of the united states said tomorrow morning we're going to default on some of our debt, we are not going to pay these, what do you think i should do? you cannot go down in history as the first president who defaulted on american sovereign debt. we do not know what the supreme...
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133
Oct 4, 2013
10/13
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KICU
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eye 133
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people are still going to be buying coca- cola,debt ceiling or no debt ceiling." "if you think maybe there will be a little bit of a sell-off because of the debt ceiling debate, i think that's an opportunity, that if happens, maybe you're in an equity, a balanced portfolio and you get to rebalance off-cycle. maybe if you're adding cash, you take that opportunity to add. but regardless of the political dysfunction, we know one thing: at some point, it resolves itself." "we do believe some markets have some challenges, especially in emerging markets, we have seen, there is some sort of outflow that just happened, but the pensions that we are working with are thinking about more long-term growth prospects." until a resolution comes out of washington , money managers tell us for the most part they are using conservative investing strategies. the labor department's monthly unemployment report is not being released during the government shutdown. despite that, there are indications that job growth continues but the shutdown may affect hiring at the top in the private se
people are still going to be buying coca- cola,debt ceiling or no debt ceiling." "if you think maybe there will be a little bit of a sell-off because of the debt ceiling debate, i think that's an opportunity, that if happens, maybe you're in an equity, a balanced portfolio and you get to rebalance off-cycle. maybe if you're adding cash, you take that opportunity to add. but regardless of the political dysfunction, we know one thing: at some point, it resolves itself." "we do...
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Jan 14, 2013
01/13
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FOXNEWSW
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eye 156
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okay, charles, start with the debt ceiling talk. what you heard from the president. >> the tone was remarkable. he talk about the republicans being suspicious of the social security and medicare by the oldest saw that you could hear. then he added making sure empovrished children get food. that's over the top. he said i love to hang out with a congressional picnic at these people who want to starve america's chirp. interesting ini havation. then he went over and over on the debt ceiling and he must have gone through the same idea 15 times. saying this is about honoring the obligation and paying the bills we have already incured. he raised the debt ceiling on how to depend on the ongoing financial assistance from the foreign country to finance the reckless, fiscal pollty. the point of raising the debt ceiling is to allow to us borrow. he talked about the debt ceiling a dozen times. not once did he use the word "borrow." that means we are going to continue to borrow for every dollar the government spend, only 60 cents of it come from
okay, charles, start with the debt ceiling talk. what you heard from the president. >> the tone was remarkable. he talk about the republicans being suspicious of the social security and medicare by the oldest saw that you could hear. then he added making sure empovrished children get food. that's over the top. he said i love to hang out with a congressional picnic at these people who want to starve america's chirp. interesting ini havation. then he went over and over on the debt ceiling...
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157
Jan 22, 2013
01/13
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KPIX
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eye 157
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house gop members are backing off a requirement to cut $1 of spending for every dollar the debt ceiling has raised. it's a move the president has demanded. >> i do believe it is a recognition of political reality. i think we realize the president won the election. >> reporter: but republicans on capitol hill are not voting to raise the debt ceiling without getting something in return. they say in order to approve a highe debt limit, they want senate democrats to do something they haven't done in four years -- pass a budget. >> for us to have a debate about spending and debt, we've got to have the focus be on a budget and what we're going to do to achieve a balanced budget over time. >> reporter: senate democrats view the vote as an opportunity to raise more money for taxes. >> it's going to be a great opportunity for us. in our budget we lift budget reform which many of my republican colleagues like, but it's going to include revenues. >> reporter: the house is expected to approve the debt limit increase tomorrow. no dollar amount specifically is in the bill, but the legislation is expe
house gop members are backing off a requirement to cut $1 of spending for every dollar the debt ceiling has raised. it's a move the president has demanded. >> i do believe it is a recognition of political reality. i think we realize the president won the election. >> reporter: but republicans on capitol hill are not voting to raise the debt ceiling without getting something in return. they say in order to approve a highe debt limit, they want senate democrats to do something they...
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Jan 5, 2013
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look into your crystal ball. >> i don't know, we shouldn't have the debt ceiling. the government should pay the bills that the congress has voted to pay, right? we don't need that. in my world, i think i would advise the president to just ignore the debt ceiling. go ahead, paying the government's bills while trying to negotiate a deal for the longer run deficit reduction. but, the president is a constitutional lawyer. he is more worried, i think that he might do something illegal, and he is not likely to defy the courts. >> no more debt ceiling, i like the sound of that, alice rivlin, thank you for joining us. >> thank you. >> coming up, if you thought john boehner's idea was the absolute worse, we now have numbers to back up your case.. >>> just how terrible was the 112th congress? it was the worst, so bad, i'll show you why, by the numbers next. and there was one person who works in the white house who deserves a bit more credit than he gets. i'll have more coming up. [ male announcer ] the more you lose, the more you lose because for every 2 pounds you lose thro
look into your crystal ball. >> i don't know, we shouldn't have the debt ceiling. the government should pay the bills that the congress has voted to pay, right? we don't need that. in my world, i think i would advise the president to just ignore the debt ceiling. go ahead, paying the government's bills while trying to negotiate a deal for the longer run deficit reduction. but, the president is a constitutional lawyer. he is more worried, i think that he might do something illegal, and he...
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Oct 9, 2013
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ceiling, you think that's adding for debt. the president said that's not what it means. but the republicans everywhere are rejoicing that the debt ceiling is a confusing thing to understand. so we are going to make it u crystal clear coming up. maybe you've noticed. is there a lot of worry building up around a daily problem? well ladies, now there's big news in controlling your overactive bladder symptoms. thinking less about them with new oxytrol for women. it's a patch. the first and only over the counter treatment for overactive bladder. it's good to know how to put the control back in your go. new oxytrol for women. now over the counter in the feminine care aisle. visit oxytrolforwomen.com to learn more. >>> if congress refuses to raise what's called the death ceiling, america would not be able to meet all of our financial obligations for the first time in 225 years. and because it's called raising the debt ceiling, i think a lot of americans think it's raising our debt. it is not raising our debt. this does not add a dime
ceiling, you think that's adding for debt. the president said that's not what it means. but the republicans everywhere are rejoicing that the debt ceiling is a confusing thing to understand. so we are going to make it u crystal clear coming up. maybe you've noticed. is there a lot of worry building up around a daily problem? well ladies, now there's big news in controlling your overactive bladder symptoms. thinking less about them with new oxytrol for women. it's a patch. the first and only...
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Jan 14, 2013
01/13
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the debt ceiling and you did. last year you said you wouldn't extend any of the bush tax cuts for the wealthy and you did. so as you say now that you're not going to negotiate on the debt ceiling, this year, why should house republicans take that seriously and think that if we get to the one minute to midnight scenario that you're not going to back down? >> well, first of all, juliana, take the example of this year and the fiscal cliff. i didn't say that i would not not have any conversations about extending the bush tax cuts, what i said we wouldn't extend bush tax cuts for wealthy and we didn't. we can argue during the campaign that i said, i set the criteria for wealthy at 250, and we ended up being at 400. but the fact of the matter is that millionaires, billionaires, are paying significantly more in taxes, just as i said. so from, you know, from the start my concern was making sure that we had a tax code that was fair and that protected the middle class and my biggest priority was making sure middle class tax
the debt ceiling and you did. last year you said you wouldn't extend any of the bush tax cuts for the wealthy and you did. so as you say now that you're not going to negotiate on the debt ceiling, this year, why should house republicans take that seriously and think that if we get to the one minute to midnight scenario that you're not going to back down? >> well, first of all, juliana, take the example of this year and the fiscal cliff. i didn't say that i would not not have any...
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Jan 5, 2013
01/13
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we told you how republicans are out about the way the debt ceiling works. today we saw the next phase of their misinformation campaign. tea party ron johnson went on msnbc this morning and hammered the president when it comes to spending cuts. >> president obama and the democrats have no intention. as a result, they have no plan to reduce the deficit, to reduce government's control in our lives. this isn't going to go away. we're not going to solve this thing, unfortunately, because president obama has no intention of solving it. hasn't given us a plan. this is going to go on time and time and time again. >> all right. let's be clear what republicans are talking about when they say spending cuts. they want major cuts to the big three, medicare, medicaid and social security. if overall spending was the issue, there wouldn't be a problem. president obama already signed the 2011 budget control act, which included $1.7 trillion in government spending cuts. in reality, the best plan to reduce the deficit comesro
we told you how republicans are out about the way the debt ceiling works. today we saw the next phase of their misinformation campaign. tea party ron johnson went on msnbc this morning and hammered the president when it comes to spending cuts. >> president obama and the democrats have no intention. as a result, they have no plan to reduce the deficit, to reduce government's control in our lives. this isn't going to go away. we're not going to solve this thing, unfortunately, because...
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Jan 14, 2013
01/13
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debt ceiling, he's going to make his statement that he's not going to use the debt ceiling as a bargaining chip. but we've got to get to sitting down and working out a deal that's going to really address the nation's problems. we've got to do something about guns. he's got to stake out some territory in which the white house won't retreat from. >> chip, how much is this a sell of the american people? >> well, i mean, i think right now as kind of like the governor said, set the tone. >> forgive me for interrupting but the president is out now in the eastern room. let's take a listen. >> good morning. i thought it might make some sense to take some questions this week as my first term comes to an end. it's been a busy and productive four years, and i expect the same for the next four years. i intend to carry out the agenda that i campaigned on, agenda for new jobs, new opportunity, and new security for the middle class. now, right now our economy is growing and our businesses are creating new jobs. so we are poised for a good year if we make smart decisions and sound investments. and as long
debt ceiling, he's going to make his statement that he's not going to use the debt ceiling as a bargaining chip. but we've got to get to sitting down and working out a deal that's going to really address the nation's problems. we've got to do something about guns. he's got to stake out some territory in which the white house won't retreat from. >> chip, how much is this a sell of the american people? >> well, i mean, i think right now as kind of like the governor said, set the tone....
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Oct 20, 2013
10/13
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of raise the debt ceiling. of raise the debt ceiling. raise the debt ceiling. [ male announcer ] the founder of mercedes-benz once wrote something on a sheet of paper and placed it in his factory for all to see. ♪ four simple words where the meaning has never been lost. the challenge always accepted. and the calling forever answered. ♪ introducing the all-new 2014 s-class. mercedes-benz. the best or nothing. ask me what it's like the all-new 2014 s-class. to get your best night's sleep every night. [announcer] why not talk to someone who's sleeping on the most highly recommended d in america? ask me about my tempur-pedic. ask me how fast i fall asleep. ask me about staying asleep. [announcer] tempur-pedic owners are more satisfied than owners of any traditional mattress brand. tempur-pedic. the most highly recommended bed in america. now sleep cooler with extra cooling comfort on our bestselling tempur-breeze beds. visit tempurpedic.com to learn more, and find a retailer near you. you are gonna need a wingman. and with my cash back,
of raise the debt ceiling. of raise the debt ceiling. raise the debt ceiling. [ male announcer ] the founder of mercedes-benz once wrote something on a sheet of paper and placed it in his factory for all to see. ♪ four simple words where the meaning has never been lost. the challenge always accepted. and the calling forever answered. ♪ introducing the all-new 2014 s-class. mercedes-benz. the best or nothing. ask me what it's like the all-new 2014 s-class. to get your best night's sleep...
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Oct 16, 2013
10/13
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CNNW
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will run out of money to pay all its debts until the debt ceiling is raised. jack lew has said i'm out of magic tricks. out of them by tomorrow. it's estimated that the u.s. is going to have about $30 billion on hand tomorrow. plus, there's going to be money coming in from tax receipts. so remember that the 17th isn't necessarily a drop dead date as far as the default goes. wall street thinks that the real default date may happen sometime in late october. whatever the case, though, the threat of a default has really been unsettling for investors and driving up rates on short-term u.s. treasuries just in case there's some kind of disruption in the ability of the u.s. to pay out on the bonds. you're seeing more of the nervousness play out in the short-term treasury department than stocks even though we did see the selloff yesterday. >> we've been talking about how do you prioritize the bills that you pay. >> that's what affects americans the most. i'll give you an idea of what kind of hurdles that we're going to face if we get into the uncharted waters. tomorrow
will run out of money to pay all its debts until the debt ceiling is raised. jack lew has said i'm out of magic tricks. out of them by tomorrow. it's estimated that the u.s. is going to have about $30 billion on hand tomorrow. plus, there's going to be money coming in from tax receipts. so remember that the 17th isn't necessarily a drop dead date as far as the default goes. wall street thinks that the real default date may happen sometime in late october. whatever the case, though, the threat...
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Oct 14, 2013
10/13
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and a clean debt ceiling raising deal. elsewhere in the senate today, what we had, as you said, tom, in your introduction was a parade of senators coming to the microphone and having their say. particularly republicans who rather got swamped on saturday by the democratic message. so lots of very fine words in the senate today, but no real movement, no real progress. nothing tangible. tom. >> senator reid is optimistic. how optimistic are fellow lawmakers? >> reporter: there is a feeling, i think, that there's something going on behind the scenes that we can't quite put our finger on. it seems to revolve around the majority leader and minority leader in the senate. so that is the feeling here. of course, the susan collins plan is still out there. democrats rejected that, but she's not giving up. that's also a glimmer of hope. what is of particular interest is that the polls are really blaming the republicans. there was a "wall street journal" nbc poll out last week and much talked about in the media today. of those polled t
and a clean debt ceiling raising deal. elsewhere in the senate today, what we had, as you said, tom, in your introduction was a parade of senators coming to the microphone and having their say. particularly republicans who rather got swamped on saturday by the democratic message. so lots of very fine words in the senate today, but no real movement, no real progress. nothing tangible. tom. >> senator reid is optimistic. how optimistic are fellow lawmakers? >> reporter: there is a...
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Oct 19, 2013
10/13
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happy debt ceiling. we made it. >>> today the president is outlining his new agenda. >> and if you thought it was over, think again. how the shutdown will affect this year's holiday season. >>> in office politics, my conversation with chris matthews and what he says drives the right crazy. >>> today it could sell for close to a million dollars. what could be the largest selling artifact from the "titanic". >>> good morning, everyone. welcome to we"weekends with ale wit witt". >> the way business is done in washington has to change. now that these clouds of crisis and uncertainty have lifted. we need to focus on what the majority of americans sent us here to do, grow the economy, create good jobs, strengthen the middleclass, lay the foundation for broad based prosperity and get our fiscal house in order for the long haul. >> the president is highlighting three key areas, immigration reform, farm bill, and the budget. the government contract for the company that built the site has blown to three times its
happy debt ceiling. we made it. >>> today the president is outlining his new agenda. >> and if you thought it was over, think again. how the shutdown will affect this year's holiday season. >>> in office politics, my conversation with chris matthews and what he says drives the right crazy. >>> today it could sell for close to a million dollars. what could be the largest selling artifact from the "titanic". >>> good morning, everyone. welcome...
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Oct 13, 2013
10/13
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it is not raising the debt ceiling, it is the debt. it is the problem that we do not have a credible, sustainable solution to the long-term debt. and that is where the credit markets have down graded us in the past. >> the one thing americans are tired of now is this gridlock. there is a great quote from james baker to the treasurer secretary in this book, work hard, study and keep out of politics. he writes many of the followers hated compromise. it was better to lose anything than to give an inch. they didn't understand how the system worked. principal without praying ma terrorism is perilless. then you are dealing with politics so what is your advice to mcconnell and harry reid when they get together so you guys can end this? >> it is the ronald regan somebody who is with me 80% of the time is my friend and ally and not some 20% traitor. there are areas of agreement. senator susan collins of maine has come up with a proposal and a number of republicans and democrats have sat down together to look for finding solutions to get the gov
it is not raising the debt ceiling, it is the debt. it is the problem that we do not have a credible, sustainable solution to the long-term debt. and that is where the credit markets have down graded us in the past. >> the one thing americans are tired of now is this gridlock. there is a great quote from james baker to the treasurer secretary in this book, work hard, study and keep out of politics. he writes many of the followers hated compromise. it was better to lose anything than to...
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Oct 11, 2013
10/13
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they would raise the debt ceiling the president would agree negotiating budget terms that could lead to reopening the government. it sounded like things were on track. >> if they were to send a clean debt ceiling extension, no partisan strings attached he would sign it. >> but then problems if the president was willing to deal senate majority leader harry reid was not rejecting that stage plan outright. >> republicans were clear they wanted to renegotiate. >> that's not going to happen. >> are are we back to square one? republicans are hopeful something will work out. >> the president said he would go and consult with the administration folks and hopefully we can see a way forward after that. >> we will see if a way forward comes up here. meantime we know the markets loved it. the dow soared more than 300 points. heather and ainsley. >> doug luzader we are going to talk more about that in the business angle now. >> absolutely. >> a debt ceiling deal has sent stocks sky rocketing. ainsley, such a good day yesterday. republicans say they want to extend the government's ability to borro
they would raise the debt ceiling the president would agree negotiating budget terms that could lead to reopening the government. it sounded like things were on track. >> if they were to send a clean debt ceiling extension, no partisan strings attached he would sign it. >> but then problems if the president was willing to deal senate majority leader harry reid was not rejecting that stage plan outright. >> republicans were clear they wanted to renegotiate. >> that's not...
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Jan 2, 2013
01/13
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one time and debt ceiling? is there a grand bargain still to be had? >> there needs to be a focus on cutting spending. you're absolutely right when you talk about the secretary of treasury having some ability to move that debt ceiling final deadline debate this way or that way. bottom line, the president talked about the debt ceiling, said he's not going to argue with congress again over bills they've racked up, let me remind the president and viewers, those are bills related to his so-called stimulus package which spent a lot of money and i believe has been a failure and his health care law. i will tell you as a doctor it is unworkable and continues to be very unpopular and unaffordable. these are the president's bills. it's a nancy pelosi congress that forced these things through. >> walk us through the dance that's going to happen here. who's got the leverage and what's going on inside your party. paul ryan and boehner voted yes for this and cantor and others voted no. how will all this come together? >> the
one time and debt ceiling? is there a grand bargain still to be had? >> there needs to be a focus on cutting spending. you're absolutely right when you talk about the secretary of treasury having some ability to move that debt ceiling final deadline debate this way or that way. bottom line, the president talked about the debt ceiling, said he's not going to argue with congress again over bills they've racked up, let me remind the president and viewers, those are bills related to his...
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Oct 9, 2013
10/13
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the debt ceiling. >> you think that some facet of the president's health care plan should be attached to an increase in the debt celling? >> yes. >> we've just got to put obama care on hold. >> i'll do anything i can to protect the american people from obama care. >> republican congressman scott garrett said if a debt ceiling deal doesn't have a full delay or defund of obama care, i know i and many others will not be able to support whatever the leadership proposes. the president has repeatedly assured republicans this will never happen. >> i'm going to repeat it. there will be no negotiations over this. the united states government p pays its bills. that's non-negotiable. we're not going to negotiate around the debt ceiling. >> the republicans think they have the support of the american people. the latest polling finds that 70% of americans disapprove of congressional republicans handling of the budget. that's up from 63% just last week. the latest national journal poll are even worse than the gop. 80
the debt ceiling. >> you think that some facet of the president's health care plan should be attached to an increase in the debt celling? >> yes. >> we've just got to put obama care on hold. >> i'll do anything i can to protect the american people from obama care. >> republican congressman scott garrett said if a debt ceiling deal doesn't have a full delay or defund of obama care, i know i and many others will not be able to support whatever the leadership...
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Oct 9, 2013
10/13
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ceiling, you think that's adding for debt. the president said that's not what it means. but the republicans everywhere are rejoicing that the debt ceiling is a confusing thing to understand. so we are going to make it u crystal clear coming up. evto earn degrees in mathan stand science.ut but more than half leave their programs. so we're missing out on 450,000 math and science graduates annually. but if we can help students prepare for these subjects we'll have a stronger workforce for our fastest-growing industries. let's invest in our future. join exxonmobil in advancing math and science education. let's solve this. she loves a lot of it's what you love about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all yo
ceiling, you think that's adding for debt. the president said that's not what it means. but the republicans everywhere are rejoicing that the debt ceiling is a confusing thing to understand. so we are going to make it u crystal clear coming up. evto earn degrees in mathan stand science.ut but more than half leave their programs. so we're missing out on 450,000 math and science graduates annually. but if we can help students prepare for these subjects we'll have a stronger workforce for our...
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Jan 8, 2013
01/13
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their class loyalties and enough of them will join with democrats to raise the debt ceiling. that's what will happen. they will have embarrassed themselves in the process. you know, greg sergeant of the washington post has been writing about this. a lot of them are starting to realize that. once you have a few of them llz 2 -- >> they haven't realized it yet. >> there's a dilutional loop with which this party operates. maybe john boehner and his elbow-like exile -- >> there's an elbow-like exile in dabbingry land. >> there's a disarray and disrepute that the republican party has fallen into. you want i want to come back to the memo about the time people spend on money, raising money. that is a terrible disservice to people. i think you do see with the independent expenditures and the money pumping in that it leaves people -- we should not draw false ekwifl ens because the republicans have been obstructionists far more than democrats. it leaves young republicans, especially, fear of primaries, fear of the money that could lead them to be ousted and they're not going to move ve
their class loyalties and enough of them will join with democrats to raise the debt ceiling. that's what will happen. they will have embarrassed themselves in the process. you know, greg sergeant of the washington post has been writing about this. a lot of them are starting to realize that. once you have a few of them llz 2 -- >> they haven't realized it yet. >> there's a dilutional loop with which this party operates. maybe john boehner and his elbow-like exile -- >> there's...
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Jan 23, 2013
01/13
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KRON
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and then there's the debt ceiling. dull. no one was particularly surprised today when republicans began bashing speech. he offered a liberal vision - touching on preserving the social welfare safety net. some thought it overly partisan and aggressive. >> "the era of liberalism is back.unabashedly far left of center inauguration speech" congress to pass tighter gun the presidential inaugural celebrations came to end. and president obama iscoming up. his broad and ambitious agenda for his second term. and why republicans probably won't be making it any easier during the next four the investigation underway. into what caused this massive fire at an airforce base yesterday. the 40th anniversary of the so far president obama has laid out a broad and ambitious agenda for hisbut signs are scant negotiating with republicans will be any easier for the next four years. on tuesday the inaugural celebration was capped off cathedral in washington. now the president begins a second term - with plenty on his plate. threat of climate change
and then there's the debt ceiling. dull. no one was particularly surprised today when republicans began bashing speech. he offered a liberal vision - touching on preserving the social welfare safety net. some thought it overly partisan and aggressive. >> "the era of liberalism is back.unabashedly far left of center inauguration speech" congress to pass tighter gun the presidential inaugural celebrations came to end. and president obama iscoming up. his broad and ambitious agenda...
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Jan 18, 2013
01/13
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be done in term of reaching the debt ceiling. both sides seem locked in -- the president said i'm not going talk about the debt ceiling. speaker boehner said it can't be done unless we cut spending at the same time. so having watched this for more than thirty years of congress, what are the outside of actually avoiding going over the cliff given where both parties are? >> i think the odds are that we won't do it. [inaudible] as a mart of faith and consequence. those who say let's toy with it. they are toying with the american economy and they are toying with the global economy. and so i think it's somewhat -- it seems great to talk about doing that. but the closer you get to that cliff, i think the less likely it is that you'll -- [inaudible] >> let me ask one more and go to rick. let me ask about tax reform. you told "politico" last week that a balanced approach to replacing the sequester was spending cut and revenue. should accelerate tax reform. i believe it's fully possible this year if we work on a bipartisan basis. unquote.
be done in term of reaching the debt ceiling. both sides seem locked in -- the president said i'm not going talk about the debt ceiling. speaker boehner said it can't be done unless we cut spending at the same time. so having watched this for more than thirty years of congress, what are the outside of actually avoiding going over the cliff given where both parties are? >> i think the odds are that we won't do it. [inaudible] as a mart of faith and consequence. those who say let's toy with...
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Sep 26, 2013
09/13
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so the discussion of debt limit and debt ceiling is really an october issue. the immediate crisis is, of course, the end of the government's fiscal year, october 1st. so by monday, it's a make or break moment. so how can we go forward and have a resolution to this? well, senate democrats today brought out their own countdown clock to a government shutdown, trying to put more pressure on the house republicans because the senate democrats will be able to pass what they will call a clean cr. so glossary time for everybody. continuing resolution to fund the government. so an extension of keeping the lights on and everything operating and clean because it wouldn't have any of those sort of christmas tree add-ons of other issues. that's what senate democrats want. that's the simplest solution, but it's not necessarily going to play on the house side where house speaker john boehner is saying, no, they won't take that up. they won't deal with that. they want to use any of these pressure points as an opportunity to negotiate things that they believe are important to t
so the discussion of debt limit and debt ceiling is really an october issue. the immediate crisis is, of course, the end of the government's fiscal year, october 1st. so by monday, it's a make or break moment. so how can we go forward and have a resolution to this? well, senate democrats today brought out their own countdown clock to a government shutdown, trying to put more pressure on the house republicans because the senate democrats will be able to pass what they will call a clean cr. so...
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Oct 15, 2013
10/13
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WJZ
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ceiling deadline. >> i'm very optimistic that we will reach an agreement that is reasonable in nature this week to reopen the government, pay the nation's bills and begin long term negotiation to put our country on sound fiscal footing. >> i share his optimism that we are going to get a resultt that will be acceptable to both sides. >> despite what is billed at tremendous progress they are not there yet and the nation is not happy about it. a new abc news washington post poll finds 74% of americans disapprove of the way republicans are handling the crisis. 61% of americans disapprove of democrats in congress. that is up five percent from two weeks ago. tracie potts is live with the latest. are things looking good for a deal in the next 48 hours? >> reporter: it is possible and maybe even probable now that a small working group seems to come up with a deal that will get people back to work and allow the government to borrow money to pay its bills through january. in exchange for that a delay in the medical tax. i think the senate will get a look at it in caucus meetings today. it also
ceiling deadline. >> i'm very optimistic that we will reach an agreement that is reasonable in nature this week to reopen the government, pay the nation's bills and begin long term negotiation to put our country on sound fiscal footing. >> i share his optimism that we are going to get a resultt that will be acceptable to both sides. >> despite what is billed at tremendous progress they are not there yet and the nation is not happy about it. a new abc news washington post poll...
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Oct 20, 2013
10/13
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FBC
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the debt ceiling is going to be breached. those are important things but they are not looking at the root cause. that's what the republicans were trying to do. in my book, the mainstream media, which i believe in media bias, i think this is where they help the president sell his message that the republicans were the party of no, when, in fact, john boehner was time and time going to the white house with offers, going to harry reid with offers, and he was being told no. i'm against this deal. i think it's a bad deal. this is a kick the can down the road deal. lou, we're not dealing with our financial problems. we're not dealing with -- >> here is the deal. if this had been the democrats who had come with a proposition to shut the government down 16 days, if it had been the democrats who came with a proposition that threatened or at least put the party in the position of being accused of threatening the country's credit rating and default, i mean, you and the conservative movement would have been howling. i don't understand how
the debt ceiling is going to be breached. those are important things but they are not looking at the root cause. that's what the republicans were trying to do. in my book, the mainstream media, which i believe in media bias, i think this is where they help the president sell his message that the republicans were the party of no, when, in fact, john boehner was time and time going to the white house with offers, going to harry reid with offers, and he was being told no. i'm against this deal. i...
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the president and republicans prepare to spar over the debt ceiling. >> and an incredible $1. million bid at an auction in japan. and all for one finish. -- fish. >> and ron has more with the irish in miami later in sports. >>> president obama is expected to nominate former senator chuck hagel to be the secretary of defense. the white house says that the president has not formally offered the job to hagel, a vietnam veteran but an announcement could come on monday. hagel is a former republican senator from nebraska who harshly criticized the wars in afghanistan and iraq. his confirmation hearing is expected to be con tenseious -- con tentious. the senator has made controversial comments that have upset both sides of the aisle. >>> the fiscal cliff suspension is over and now the lines are drawn for the battle or -- over the debt ceiling. >> add -- as i sad earlier this week one thing i will not compromise over is whether congress should pay the bill for a tab they have already racked up. if congress refuses to give the government the about -- ability to pay its bills on time, t
the president and republicans prepare to spar over the debt ceiling. >> and an incredible $1. million bid at an auction in japan. and all for one finish. -- fish. >> and ron has more with the irish in miami later in sports. >>> president obama is expected to nominate former senator chuck hagel to be the secretary of defense. the white house says that the president has not formally offered the job to hagel, a vietnam veteran but an announcement could come on monday. hagel is...